Capital Gain Scheme Bonds, specifically defined under Section 54EC of the Income Tax Act in India, allow taxpayers to invest long-term capital gains from the sale of certain assets into these bonds, thereby deferring tax liabilities on those gains. These bonds, primarily issued by the National Highway Authority of India (NHAI) and Rural Electrification Corporation (REC), have a tenure of 5 years and a maximum investment limit of ₹50 lakh per...more
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In the grand theatre of automotive engineering, where pistons punch and horsepower howls, the 6L80 transmission emerges not as a mere cog in the drivetrain, but as a mechanical sonnet—an ode to torque, tenacity, and engineering finesse. Among the multitude of automatic gearboxes churned from factory floors over the decades, few possess the...more
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